Credit unions starting to look more like big banks, and when to take the diapers off

Credit unions starting to look more like big banks

Overdraft fees at credit unions, once considered the consumer-friendly alternatives to big banks, have jumped 14% since 2009 to a median fee of $28.50, though that’s still lower than the median bank fee ($30), according to one research firm. Debit card users feel more pain: Behold, the 17,000% overdraft charge.

Where the Big 12 beats the Ivy League

Time to take the diapers off — stop paying your kid’s student loans

More than half of parents say they’re very likely or somewhat likely to help their kids with student loan payments. If your kid has student loans, he or she is officially an adult, and you’re risking your own financial future by footing their bills.

Your Social Security number may have been stolen in a data breach. What to do:

Powerful people can still do stupid things

Now we have research to prove it. A study of executive pay at corporations between 1992 and 2010 found that CEOs and boards basically didn’t know how much they were actually compensating people, so they paid a lot more than they probably intended. Oops?

UPS Store breach: Credit card data may have been stolen from 51 locations

Here is a map of the locations where hackers may have siphoned your credit card data.

5 companies that will benefit from people dumping buckets of ice on themselves

A $16.65 billion fine can’t hold back Bank of America’s stock

Investors lost when they purchased flawed mortgage securities from Bank of America in the lead-up to the financial crisis. Here is how they can make money off the stock of the company that now must pay the government the largest-ever settlement after charges of fraud, Phil Van Doorn writes. (The settlement will push the bank to a loss for the third quarter.)

Intraday Data provided by SIX Financial Information and subject to terms of use.
Historical and current end-of-day data provided by SIX Financial Information. Intraday data
delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Dow Jones & Company, Inc.
All quotes are in local exchange time. Real time last sale data provided by NASDAQ. More
information on NASDAQ traded symbols and their current financial status. Intraday
data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. S&P/Dow Jones Indices (SM)
from Dow Jones & Company, Inc. SEHK intraday data is provided by SIX Financial Information and is
at least 60-minutes delayed. All quotes are in local exchange time.